Discover four smart strategies to lower your 2025 tax bill under the One Big Beautiful Bill Act (OBBBA). Learn how to ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

The Internal Revenue Service Thursday released the updated tax brackets for the 2026 tax year. Changes to the standard deduction, earned income tax credit, estate tax credit, and more were also ...

Since the enactment of H.R. 1, the One Big Beautiful Bill Act, the Internal Revenue Service has announced that it will not be updating 2025 tax forms such as the W-2 and 1099s to reflect OBBBA changes ...

PAPHOS, CYPRUS - Tharisa plc announced Monday that its wholly-owned subsidiary, Tharisa Minerals, has received a favorable judgment from the Tax Court of South Africa in a dispute with the South ...

Income Tax Department imposed Rs 23.07 crore penalty on ACC Ltd for past income issues Penalties cover assessment years 2015-16 and 2018-19 for inaccurate reporting ACC is a subsidiary of Adani Group ...

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...

Tax audit requirements for AY 2025-26, as explained by Chartered Accountant Abhishek Soni, co-founder of Tax2Win in an ET report, fall under Section 44AB and apply to:- Businesses with turnover above ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The Income Tax Department (I-T) on its official website has enabled the ITR-5 and ITR-7 forms for online filing. Both forms are available with prefilled data, the I-T Department has informed on its ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...